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Economics Headlines
BlackRock boss Larry Fink: Oil at $150 will trigger global recession bbc.com
Larry Fink says if oil prices stay high for a sustained period it will have “profound implications” for the world economy.
Source: bbc.com
Here’s how United’s new economy bed called ‘Relax Row’ will work businessinsider.com
Customers willing to pay up for better sleep but don’t need the caviar or expensive bubbly of business class have a new option.
Source: businessinsider.com
Asian Economies Walking Tight Rope Between Solid Momentum, Emerging Risk wsj.com
Growth in the Asia-Pacific region is expected to hold up, supported by tech-oriented economies and sectors, despite the energy shock unleashed by the Mideast war, S&P Global Ratings said.
Source: wsj.com
United Airlines’ new economy seating option could change how you sleep on long flights khou.com
The new economy cabin upgrade could completely change how you feel after a long international flight. Here’s what we know.
Source: khou.com
RBNZ’s Conway Sees Economic Slack Shaping Response to Oil Shock bloomberg.com
New Zealand’s central bank sees lingering slack in the economy that will shape how aggressively it responds to the inflationary aftershocks of higher oil prices, Chief Economist Paul Conway said.
Source: bloomberg.com
The US Is Recession-Free But Feels Miserable bloomberg.com
The job market is rough. Inflation is rearing its ugly head. And yet, the economy is somehow alright.
Source: bloomberg.com
Russian Oil Shipment Puts Focus on Kremlin Spy Outpost in Cuba nytimes.com
Moscow may be challenging President Trump’s effort to choke Cuba’s economy. China also has suspected listening posts on the island.
Source: nytimes.com
Boom or Bust: The State of the U.S. Economy wsj.com
Source: wsj.com
CERAWEEK Kuwait oil CEO says Iran is ‘holding the world’s economy hostage’ reuters.com
Emergency measures to alleviate the disruption to energy supply caused by the U.S.-Israeli war on Iran are “not even a drop in the proverbial barrel” compared to normal oil and gas export flows from the Middle East Gulf, the CEO of Kuwait Petroleum Corporation said on Tuesday.
Source: reuters.com
Fears for economy amid fuel crisis, Israel sets sights on Lebanon, Mafs star Mel Schilling dies theguardian.com
Treasurer says end of Middle East war ‘can’t come soon enough’ as economy faces series of shocks
Source: theguardian.com
Chances of Fed cutting interest rates fade as inflation worsens pbs.org
With inflation measures likely to rise in the coming months, the prospect of interest rate cuts this year by the Federal Reserve is fading.
Source: pbs.org
Iran war is rattling global economy, surveys show ft.com
Closely watched sentiment data points to slump in business activity from Australia to Europe
Source: ft.com
Covid Relief Loans Are Haunting Small Businesses nytimes.com
The Small Business Administration lent $378 billion to keep businesses afloat. Getting paid back is proving difficult.
Source: nytimes.com
It’s Time to Eliminate Occupational Licensing Fees yankeeinstitute.org
Stanley Black & Decker’s decision to close its last manufacturing plant in New Britain, Conn., the city long known as “Hardware City,” is more than a local story. It is the latest example of how one of America’s most historically industrial states continues to struggle with competitivene
Source: yankeeinstitute.org
Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy cnbc.com
Iran is holding the world economy hostage by blockading the Strait of Hormuz, said Shaikh Nawaf Al-Sabah, the CEO of Kuwait Petroleum Corporation.
Source: cnbc.com
